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Tag Archives: banking

Establishment of high profitable investment projects discussed in Forum

Damascus, SANA- The role of financial institutions, banking and insurance private sector in supporting and financing economic and investment projects to achieve development was the focus of talks at the …

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Prime Minister chairs meeting for developing banking work at Central Bank

Damascus, SANA – Prime Minister Imad Khamis on Tuesday chaired a work meeting at the Central Bank of Syria (CBS) for discussing the strategies of financial institutions regarding monetary policies, …

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Economic meeting chaired by Prime Ministers calls for taking measures to address defaulted loans

Damascus, SANA – An economic meeting was held on Monday, chaired by Prime Minister Imad Khamis, which called on public-sector banks to take direct, forceful, and clear steps to address …

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President al-Assad issues law on settling stalled debts for public banks

Damascus, SANA – President Bashar al-Assad on Tuesday issued law no. 26 for 2015 on settling stalled debts for public-sector banks. The law stipulates the conditions for settling debts, the …

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20 banks still operating in Syria with a notable increase in liquidity, profits and deposits

Damascus, SANA- The public and private banks in Syria have worked on developing their products despite of the current crisis as they have continued to fund the imports and the …

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Commercial Bank branches open for business in Damascus Countryside, Tartous, and Homs

Damascus, SANA- The Commercial Bank of Syria opened three branches for business, including relaunching the branch in Jdaidet Artouz in Damascus Countryside, Branch 6 in Tartous, and Ikrema services office …

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Mayyaleh: Amendments to debt risk classification will help lower debts and improve credit ratings

Damascus, SANA – Governor of the Central Bank of Syria (CBS) Adib Mayyaleh on Tuesday discussed with directors or private banks in Syria issues related to the bank sectors, primarily …

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People’s Assembly passes bill on establishing banking courts

Damascus, SANA – The People’s Assembly passed a bill on establishing banking courts of first instance and appeals in all provinces for taking up banking lawsuits. During the Assembly session …

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